Home > Glossary > L > Lodgements
Illustration

Lodgements

Lodgements is a deposit made into a bank account, typically in the form of cash, checks, or electronic transfers. In bookkeeping, lodgements are recorded as increases in bank or cash account balances. They’re important for reconciling bank statements and maintaining accurate cash flow records.

More Items

LIFO (Last In, First Out)

A US-permitted inventory valuation method where the most recently acquired inventory is assumed to be sold first. LIFO is allowed under US…

Leveraged Buyout

A leveraged buyout is the acquisition of a company using significant borrowed funds, often secured by the target’s assets. Accounting…

Loss Ratio

Loss ratio measures the proportion of claims paid by an insurer relative to premiums earned. It evaluates underwriting performance and…